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A short liquidation of $13.057K happened at $174.09 for Solana (SOL). This means traders who bet against SOL were forced to close their positions, pushing the price higher. Now, let’s analyze what comes next.
SOL Price Prediction & Key Levels
📌 Buy Zone:
$168 - $172 (Safe entry for buyers)
$165 - $167 (Best entry for long-term traders if price dips)
🎯 Target Levels:
First Target: $179 - $182
Second Target: $188 - $192
Ultimate Target: $200+ (If momentum stays strong)
🛑 Stop Loss (SL):
$162 (To manage risk if price falls)
🔥 Market Sentiment & Strategy
Bullish Signal: The short liquidation means sellers are losing control. SOL could move higher if demand increases.
Volume Check: If buying volume rises, expect a strong upward move.
Breakout Watch: If SOL crosses $176-$178, a bigger rally may come.
Caution: If price drops below $165, weakness may continue.
📢 Trading Tip
Day Traders: Watch for a breakout above $176. Buy with a tight stop loss.
Swing Traders: Buy near $168-$170 and hold for a bigger move.
Long-Term Investors: Accumulate on dips and aim for new highs.
🚀 SOL is heating up! Will we see $200 soon? Keep watching the market!
Is the user's funds still being stolen? There is no one left on the garbage chain, right?
TrueFi
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